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Target + Shops, 153-159 Myrtle Street (Ovens Hwy/Great Alpine Rd) Myrtleford, VIC 3737

Target + Shops, 153-159 Myrtle Street (Ovens Hwy/Great Alpine Rd),
Myrtleford, VIC 3737

Shops & Retail • Showrooms & Large Format Retail • Other

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Liquidators Appointed - Under Instructions from Liquidator of Robant Developments Pty Ltd - Strong trading Target with specialty retail upside

  • Liquidation Auction
  • Strong trading Target
  • Specialty retail upside
Secure 10 + 5 + 5 year Lease to 2027.
Target Australia Limited; a wholly owned subsidiary of Westfarmers Limited (ASX Top 20 Corporation).
Significant 4,183m2* site with 3 street frontages and 69 car spaces on title.
Substantial 4,183m2* building / depreciation benefits.
Premium Business 1 zoning.
Potential for rental upside and/or subdivision of specialty shops (STCA).
Current rent: $165,244.69pa* (gross).
Potential rent: $207,883.00pa* (net-fully let basis).

*Approx.

Interstate bidding by prior arrangement

To be auctioned as part of Burgess Rawson Investment Portfolio Auction 68.
11AM AEST Wednesday.
23 May 2012
River Room, Crown Casino, Southbank, Melbourne.

For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/

Burgess Rawson

Shaun Venables 0411 860 8...
svenables@burgessrawson.com.au

Jamie Perlinger 0413 860 3...
jperlinger@burgessrawson.com.au

Vinci Carbone

Joseph Carbone 0418 351 3...
jcarbone@vincicarbone.com.au

Frank Vinci 0418 375 3...
fvinci@vincicarbone.com.au

Property ID: 500255813Last Updated: 19 May 2016

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Target + Shops, 153-159 Myrtle Street (Ovens Hwy/Great Alpine Rd)
Myrtleford, VIC 3737

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